Farm and Agricultural Equipment Finance

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  • Fast, Competitive & Flexible
  • Farm Machinery and Plant
  • Supporting Farm Diversification
  • Boost Efficiency & Revenue
505 reviews on 4.8 stars
  • Both a Lender and Broker
  • Asset Finance & Business Loans
  • Supporting Hundreds of Farms Each Year
Invest in your farm or contracting business

Farming & Agricultural Business Finance

If you want to invest in your farm, we can help. At Portman, we have been helping farmers buy new machinery and agricultural plant, or diversify into new areas since 2007. No-one knows better than you how to run your farm, but we know how best to approach lenders for funding regardless of your project or circumstances. Whether you need a new seed-drill, steel building or are looking to add glamping pods or an activity centre, we provide competitive finance rates from our own lending or panel of funders for farmers and landowners across the UK.

We’ve helped dozens of farmers diversify into holiday parks and glamping. For more information, jump to our Glamping Page.

Glamping and Holiday Parks
How does it work?

Simple Farm & Agricultural Equipment Finance Options

We know that finance can sometimes be confusing and stressful, but what we do is simple.

1. Get started in 60 seconds.

Enquire without affecting your credit score.

2. Understanding your business.

A dedicated account manager will discuss your needs and collect documentation.

3. Our experts do the leg-work.

We find the right deals, complete applications on your behalf and get you a no obligation quote.

4. Your no-fuss finance is funded.

If accepted, your assets will be bought and delivered or the finance released to your account.

Enquire today

Farming Equipment and Technology Finance

Whether you are new to the agriculture lifestyle or have worked on and owned farms your entire life, we can help you with agriculture and farm finance at Portman. This means that if you are in need of new equipment, like tractors or other vehicles, you could be approved for a finance plan to make your purchase as soon as possible. Utilising our hire purchase options ensures you don’t have to delay in completing necessary work on your farm in order to wait for funds etc.


Protect against rising interest rates

Did you know you can protect your equipment against rising interest rates?

Inflation is on the up, largely because consumer demand has returned but supply chains are yet to catch up. This could mean that base rates and borrowing costs could continue to rise in the coming months. If you’ve got long-term debt, it’s best to be proactive now and look at ways you can fix rates if possible or buy the equipment you need before the cost of finance increases further. Portman can help you sort this out.


Cover temporary cashflow issues

It’s going to take time for the loss of skilled EU workers to be replaced. Similarly, it will take a while for the economy to rebalance. Overall, economic growth looks robust for the coming year, but rising costs will put a damper on profits. Shortterm finance solutions on tractor financing and other equipment and technology needs can help bridge acute periods, including cashflow challenges. With Portman, you will always have a dedicated account manager – a single point of contact that will understand your situation and work with you on a solution.

Our team of experts is ready to help


Government support for Farming & Agricultural Businesses

COVID, Brexit and global disharmony will continue to cause turbulence for everyone. Government policy favours the entrepreneur, which new farming policy mirrors: protect the environment, pay farmers for services, but cut social welfare support. This environment suits those that can think on their feet – diversifying or pivoting to more profitable or better supported areas. Portman can support you in tackling this challenge with confidence.


Ride out the farming price hikes

So, it’s a story that farmers will find very familiar – the next couple of years will be a bit of a rollercoaster. We’re looking at a profit forecast for the whole agricultural industry reverting back to 2020 levels. Hopefully, some cost increases such as energy and fertiliser, will be short term; increases in labour and machinery though seem more long-term. It’s critical to your business continuity to maintain your purchasing ability through this period, which Portman can support you with.

Need to diversify your business, purchase machinery, agri-tech equipment, livestock, or upgrade property?

Enquire today and we’ll appoint a dedicated account manager to work with you directly, understand your specific needs and find an ideal farm finance solution for your business.


Hire Purchase

Hire purchase usually involves paying the VAT and a deposit up-front. Fixed monthly repayments are then made, affected by whether you pay off the entire loan over the term or choose a final balloon payment. The final option to purchase is guaranteed for a nominal fee, transferring ownership of the asset to the customer.

Hire purchase is well-suited for situations where a company definitely wants to own the item at the end of the term, often where the asset has a significant usable lifespan, a high residual value and will not need to be upgraded.

Explore Hire Purchase

Lease Finance

Equipment leasing allows a business to acquire hard or soft assets without the upfront costs associated with large purchases. A lender purchases the item, and the business then leases it through fixed monthly payments over an agreed term.

Typically, asset finance is provided for high value ‘hard’ assets such as machinery, equipment, or vehicles. Portman also arranges asset finance for ‘soft’ assets such as IT, fitness, catering, or vending equipment, as well as premises fit-outs, furniture or even air-conditioning.

Explore Lease Finance

Business Loans

Business loans are a way of borrowing money, which is repaid in monthly instalments, including interest, over an agreed term. Business loans are a common way to help smooth out cashflow fluctuations and take opportunities where otherwise they could be missed due to a lack of working capital.

Business loans can be secured or unsecured. Portman typically provides unsecured loans which can be more flexible and do not require collateral but are likely to require a personal guarantee. Secured loans are tied to an asset which the lender can claim ownership of if repayments are not made, these may be used in equipment refinance deals.

Explore Business Loans

Start Up Loans

New businesses often need an injection of finance to get them off the ground. Asset finance for new businesses allows you to focus on running your company and bringing in customers, confident that you have the equipment, vehicle or stock you need without the large initial outlay.

Using finance for your equipment means that you preserve the credit card or overdraft for contingency and operating expenses when the unexpected happens.

Explore Start Up Loans

Equipment Refinance

If you recently bought a high-value item outright but would now prefer to have financed it, we can help with a sale-and-lease-back agreement. If the item is less than 3m old, give us a copy of the invoice and we will calculate the current value. After a few checks and acceptance of the term and monthly repayments, we can give you the cash equivalent of the invoice to put back into the business. You’ll then make fixed monthly payments including interest, whilst your asset earns you money.

Suppose your business owns high-value assets that are not currently in finance, subject to a valuation. In that case, it is also possible to use them as security for a loan, with lenders offering a cash loan up to a % of the asset’s value.

Explore Refinance

Recovery Loans

Recovery Loans offer an excellent way of making sure your business gets back on its feet after the long-term effects of the pandemic and subsequent supply chain disruption. Businesses with turnovers up to £45m, including those who have previously benefited from the government’s CBILS, BBL or RLS, can apply.

Recovery Loans can be used for any legitimate business purpose or simply to provide cashflow. Rates are capped and the government continues to guarantee 70% of the outstanding balance, giving added security for lenders who are now able to consider finance for businesses who may have previously found it difficult to obtain.

Up to £2m can be borrowed on terms from 2 to 6 years. Your personal private residence cannot be taken as security.

Explore Recovery Loans

Successful Farming businesses protect, invest and evolve.

Unlock your potential with Portman Finance Group.